Opened (IRA): SPY Jan/Feb/March 270/250/230 Short Put Ladder

By NaughtyPines
Opened another tranche in this weakness, targeting successive <16 delta strikes paying around 1% of the strike price in credit.

Paid 2.72 for the January 20th 270, 2.58 for the February 17th 250, and 2.41 for the March 17th 230. Will generally take profit at 50% max or take assignment, sell call against if that occurs.
Beyond Technical AnalysisoptionsstrategiespremiumsellingshortputladderSPDR S&P 500 ETF (SPY)

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